Policy
940.9.1 - Use of Plant Funds; Including Student Building Fee
Reserves, for Projects Under $75,000 Effective
March 25, 2004; Issued April 8, 2004

Board policy:

1. The
president or chancellor of any campus of the Montana University System may
expend plant funds up to $75,000, including student building fee reserves, to
plan, construct, renovate, equip, maintain or improve any campus buildings or
facilities.

2. A summary report of such expenditures authorized
in any fiscal year shall be submitted to the Commissioner of Higher Education
and Board of Regents upon request.

History: Item 19-004-R0178, Use of Plant Funds,
including Student Building Fee Reserves, for projects less than $10,000, Montana
University System, January 16, 1978, as revised November 11, 1993, July 9,
1999, and November 18, 1999 (Item 104-103-R0999),
and March 25, 2004 (ITEM
122-104-R0304, see Attachment
3).